Part of the frustration is this incredibly long build-up to nothing. Like, ‘Why did I spend 22 years getting A’s and studying for the chance to eat canned chili?’
… I was in the airport watching people move bags from the curb to the curbside check-in, thinking, ‘At least they do something all day long, and I have $450,000 in education and fancy everything, and I’m sitting around all day and watching 2.5 movies a day?’
– Brad, a 28-year-old New York lawyer who was unemployed for six months. (Gavel bang: The Careerist.)
Earlier this month, we asked, “How much would you pay somebody to give you a job?” The question was sparked by a lawyer in Manhattan who posted a Craigslist ad offering up $1,000 to anyone who could help him nail down a legal position. He said he would pay it in cash — $200 for an interview, and $800 on his first day of work.
Well, a Florida lawyer is raising the ante. He’s quintupling it actually. The UC-Hastings Law grad is running a “Find Joe a Job” contest. The winner will take home $5K…
While there are students enjoying the good life as summer associates, many rising 3Ls are staring into the abyss of entering 3L recruiting without a post-graduate job lined up. At the University of Michigan Law School, the office of career services is preparing students for just how abysmal the abyss is going to be:
As you look at the employers coming to campus to interview 3Ls, some of you may be feeling quite frustrated at the number of employers willing to interview you as a 3L when there were far more willing to interview you when you were a 2L. Unfortunately, in the next few weeks there may be even more firms that cancel or reduce the number of interview slots they want reserved for 3Ls.
Welcome to “the suck,” my friends. I hope you brought your BFG…
Many have noted that the jobless rate hit 9.4% today, and many are calling that excellent news. Bloomberg reports:
The U.S. lost fewer jobs than forecast in May, reinforcing signs that the deepest recession in half a century is starting to abate….
“The recession is very close to an end,” said Nariman Behravesh, chief economist at IHS Global Insight in Lexington, Massachusetts, whose payrolls forecast matched the closest estimate in a Bloomberg News survey. “The labor market is still pretty awful, but vastly better than it was.”
Did anybody else just hear Kevin Bacon screaming “all is well”?
But maybe the new numbers are positive. The L.A. Times tells us about the happy experiences of the “funemployed”:
Michael Van Gorkom was laid off by Yahoo in late April. He didn’t panic. He didn’t rush off to a therapist. Instead, the 33-year-old Santa Monica resident discovered that being jobless “kind of settled nicely.” …
What most people would call unemployment, Van Gorkom embraced as “funemployment.”
While millions of Americans struggle to find work as they face foreclosures and bankruptcy, others have found a silver lining in the economic meltdown. These happily jobless tend to be single and in their 20s and 30s. Some were laid off. Some quit voluntarily, lured by generous buyouts.
Not to have a type A meltdown, but what the hell are these people talking about?
I call shenanigans, after the jump.
We currently have a number of active openings for associate roles at US and UK firms in HK / China, Singapore and two new in-house openings. As always, please feel free to reach out to us at firstname.lastname@example.org in order to get details of current openings in Asia, as well as to discuss the Asia markets in general and what we expect for openings later this year. Our Evan Jowers and Robert Kinney will be in Beijing the week of March 25 and Evan Jowers will be in Hong Kong the week of April 1, if you would like to meet them in person.
The US associate openings we have in law firms are in the usual areas of M&A, cap markets, FCPA / white collar litigation, finance, and project finance. The most urgent of our top tier (top 15 US or magic circle) law firm openings in Asia (among many other firm openings that we have in Asia) are as follows:
• 2nd to 5th year mandarin fluent M&A associates needed in Beijing and Hong Kong at several firms;
• Korean fluent 2nd to 4th year cap markets associate needed in Hong Kong;
• 2nd to 5th year Japanese fluent M&A associates needed in Tokyo;
• 4th to 6th year mandarin fluent cap markets associate needed in Hong Kong;
• 2nd to 4th year M&A / cap markets mix associate needed in Singapore.
In a land that is right here and in a time that is right now, a technology has arisen so powerful that it can replace basic human document review. Is it time to bow down before our new robot overlords?
First, here’s a little story about me: my life in the legal world began as a paralegal. My first case was a GIANT patent infringement case that was already six years old and had involved as many as five companies, multiple US courts, the ITC and an international standards committee. I knew nothing about any of this.
On my first day, my supervisor (a paralegal with at least eight other cases driving her crazy) sat me down in front of a Concordance database with a 100,000+ patents and patent file histories. “Code these,” she said. I learned that “coding”, for the purposes of this exercise, meant manually typing the inventor’s name, the title of the patent, the assignee, the file date, and other objective data for each document. I worked on that project – and only that project – for at least the first six months of my job. After a week or so, time began to blur.
What I know, in retrospect and with absolutely certainty, is that as time began to blur, so did my judgment. So did my attention to detail. If you could tell me that I did not make at least one mistake a day – one inconsistent spelling, one reversed day and month, one incorrectly spaced title – I frankly would need to see your evidence. I would not believe it. The human mind is trainable but it is not a machine.
Watch to find out what some of our subscribers received in their May box!
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